GMX EXPERIENCE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GMX EXPERIENCE
Largest movements
- Stocks and contracts -€29,386
down €29,386 (-38.6%), from €76,222 to €46,836
- Receivables within one year +€6,288
up €6,288 (+14.2%), from €44,190 to €50,477
of which Other amounts receivable: +€6,287
- Tangible fixed assets -€2,283
down €2,283 (-36.6%), from €6,240 to €3,957
of which Furniture and vehicles: -€1,939
- Other debts -€20,731
down €20,731 (-20.7%), from €100,135 to €79,404
- Trade debts -€10,045
down €10,045 (-10.6%), from €94,653 to €84,608
- Accrued charges and deferred income +€5,161
up €5,161 (+63.8%), from €8,088 to €13,249
- Profit (loss) carried forward +€4,338
up €4,338 (+3.9%), from -€111,974 to -€107,636
- Current portion of long-term debt -€1,502
down €1,502 (-57.8%), from €2,600 to €1,098
- Gross operating margin +€12,461
up €12,461 (+28.5%), from €43,756 to €56,217
- Depreciation +€1,151
up €1,151 (+101.7%), from €1,132 to €2,283
- Staff costs +€967
up €967 (+2.3%), from €42,863 to €43,829
- Other operating charges +€737
up €737 (+18.8%), from €3,921 to €4,658
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,677 | €112,625 | -€24,052 | -17.6% |
| Fixed assets | 21/28 | €6,400 | €4,117 | -€2,283 | -35.7% |
| Tangible fixed assets | 22/27 | €6,240 | €3,957 | -€2,283 | -36.6% |
| Furniture and vehicles | 24 | €3,131 | €1,192 | -€1,939 | -61.9% |
| Other tangible fixed assets | 26 | €3,109 | €2,765 | -€344 | -11.1% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €130,277 | €108,508 | -€21,769 | -16.7% |
| Stocks and contracts in progress | 3 | €76,222 | €46,836 | -€29,386 | -38.6% |
| Stocks | 30/36 | €76,222 | €46,836 | -€29,386 | -38.6% |
| Amounts receivable within one year | 40/41 | €44,190 | €50,477 | +€6,288 | +14.2% |
| Trade receivables | 40 | €12,528 | €12,529 | +€1 | 0.0% |
| Other amounts receivable | 41 | €31,661 | €37,948 | +€6,287 | +19.9% |
| Cash at bank and in hand | 54/58 | €7,786 | €8,881 | +€1,095 | +14.1% |
| Deferred charges and accrued income | 490/1 | €2,079 | €2,313 | +€234 | +11.3% |
| Total equity and liabilities | 10/49 | €136,677 | €112,625 | -€24,052 | -17.6% |
| Equity | 10/15 | -€93,374 | -€89,036 | +€4,338 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,974 | -€107,636 | +€4,338 | +3.9% |
| Amounts payable | 17/49 | €230,051 | €201,662 | -€28,390 | -12.3% |
| Amounts payable after more than one year | 17 | €1,098 | - | -€1,098 | |
| Financial debts | 170/4 | €1,098 | - | -€1,098 | |
| Amounts payable within one year | 42/48 | €220,866 | €188,412 | -€32,453 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €2,600 | €1,098 | -€1,502 | -57.8% |
| Financial debts | 43 | €109 | - | -€109 | |
| Credit institutions | 430/8 | €109 | - | -€109 | |
| Trade debts | 44 | €94,653 | €84,608 | -€10,045 | -10.6% |
| Suppliers | 440/4 | €94,653 | €84,608 | -€10,045 | -10.6% |
| Taxes, remuneration and social security | 45 | €23,369 | €23,303 | -€66 | -0.3% |
| Taxes | 450/3 | €15,905 | €15,572 | -€333 | -2.1% |
| Remuneration and social security | 454/9 | €7,464 | €7,731 | +€267 | +3.6% |
| Other amounts payable | 47/48 | €100,135 | €79,404 | -€20,731 | -20.7% |
| Accrued charges and deferred income | 492/3 | €8,088 | €13,249 | +€5,161 | +63.8% |
| Non-recurring operating income | 76A | €26,967 | - | -€26,967 | |
| Remuneration, social security and pensions | 62 | €42,863 | €43,829 | +€967 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132 | €2,283 | +€1,151 | +101.7% |
| Other operating charges | 640/8 | €3,921 | €4,658 | +€737 | +18.8% |
| Gross operating margin | 9900 | €43,756 | €56,217 | +€12,461 | +28.5% |
| Operating profit (loss) | 9901 | -€4,160 | €5,447 | +€9,607 | |
| Financial income | 75/76B | €1,672 | €2,109 | +€438 | +26.2% |
| Recurring financial income | 75 | €1,672 | €2,109 | +€438 | +26.2% |
| Financial charges | 65/66B | €3,676 | €3,218 | -€457 | -12.4% |
| Recurring financial charges | 65 | €2,696 | €1,222 | -€1,475 | -54.7% |
| Non-recurring financial charges | 66B | €979 | €1,997 | +€1,017 | +103.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,164 | €4,338 | +€10,501 | |
| Profit (loss) for the period | 9904 | -€6,164 | €4,338 | +€10,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,164 | €4,338 | +€10,501 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.